A growing economy creates jobs, raises living standards, maintains global competitiveness, and thus engenders positive attitudes and optimism about the future.
While many policymakers seem intent on focusing on either economic stimulus or austerity, IPI believes that the economy can grow consistently and at higher rates than we’ve experienced in the last decade, and we reject the idea that economic growth contains within itself the seeds of its own demise through inflation, the business cycle, and erroneous Phillips Curve assumptions. Therefore, economic growth should be elected officials’ primary policy goal at the federal, state and local levels, and it’s the organizing principle of our policy work at IPI.
Whatever limitations may exist on economic growth, they should not be self-imposed through counterproductive tax policy, overbearing regulations, ill-conceived monetary policy, trade protectionism, or hostility toward skilled and ambitious immigration.
How about a Modest, Somewhat Attractive Bill?
Because the problem, as always, is spending. Federal revenue grows at a remarkably steady pace. It’s reasonably predictable. But there is no political will to control spending, and that includes President Trump, who urged Republicans against further spending cuts.
Want a Recession? Kill this Business Deduction and Wait
Lawmakers in Congress — especially Republicans who support free enterprise and pro-growth tax reform that spurs economic growth — should focus on restoring and making permanent the 2017 Tax Cuts and Jobs Act’s tax cuts without jeopardizing the benefits that the C-SALT deduction provides for American businesses of all sizes.
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Don't Eliminate Business SALT Deduction in OBBB
IPI joins a huge coalition of policy groups and business groups in opposition to weakening the ability of businesses to deduct their state and local taxes (SALT) as proposed in the OBBB.
Tickets and Economic Liberty
Secondary markets are an important component of a free market, and if you buy a legitimate ticket to a live event, you should be able to transfer it to whomever you choose, however you choose. But the Ticketmaster/Live Nation demogorgon wants to control that as well.
Coalition Letter: Tariffs Will Harm the Economy and Undermine the Trump Economic Agenda
IPI joined a number of free-market groups to urge Congress to argue that tariffs will be harmful to the U.S. economy.
IPI Quoted in Housing Wire on HUD Investigations
Giving No Truck to Trucking
Policymakers need to begin considering new ways of funding transportation infrastructure that properly allocate the costs of maintenance and repair. We are intrigued by the idea of a commercial vehicle miles travelled tax (VMT-C) that would tax commercial vehicles by the miles driven, but which would omit passenger vehicles.
As the DOJ Takes Shape, Housing Must Be Front and Center
The Trump administration can make housing more affordable by cutting regulations and civil rights investigations.
Texas Should Not Regulate AI -- Yet
Texas should be a leader in innovation, not a leader in regulation.
Urging No Conditions on Nippon Steel \ US Steel Merger
IPI joined a coalition of center-right groups urging the administration to allow the merger of Nippon Steel and U.S. Steel without burdensome conditions and extractions.
Total Records: 625
